Arash Shojaie of QIC Infrastructure outlines how Queensland’s North West Energy Fund will approach cost reduction, technology selection and more.

The Australian government has announced the results of Capacity Investment Scheme (CIS) Tender 8, selecting 15 battery energy storage projects across the National Electricity Market (NEM), totalling 4.2GW/16.1GWh.

Neoen Australia has signed virtual battery agreements with energy retailers Nectr and SmartestEnergy for Stages 2 and 3 of the Western Downs Battery in Queensland.

Chinese battery manufacturer CATL will supply 2,400MWh of battery energy storage systems (BESS) for Edify Energy’s Smoky Creek and Guthrie’s Gap Solar Power Stations in central Queensland.

Queensland Investment Corporation has opened a formal call for proposals under the state government’s AU$200 million North West Energy Fund.

Queensland’s growing battery energy storage system (BESS) fleet set new instantaneous records for both the renewables-plus-storage (RES) share of consumption and the battery storage share of consumption on 31 May 2026.

Queensland’s Swanbank battery energy storage system (BESS) earned AU$743,000 (US$532,608) in dispatch revenue last month, more than double the AU$306,000 generated by the Victorian Big Battery over the same period in Australia.

Australia has emerged as the world’s third-largest utility-scale battery energy storage market, with 4.3GW of large-scale battery storage systems reaching financial close in 2025.

Edify Energy has reached financial close on two solar-plus-storage projects in Queensland, totalling 600MW/2,400MWh of BESS.

Hitachi Energy has entered a 20-year service agreement with Australian developer Akaysha Energy to support the 155MW/298MWh Ulinda Park battery energy storage system (BESS) in Queensland’s Western Downs region.